James M. Kilts was a

chief executive officer A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...

The Gillette Company Gillette is an American brand of safety razors and other personal care products including shaving supplies, owned by the multi-national corporation Procter & Gamble (P&G). Based in Boston, Massachusetts, United States, it was owned by The Gil ...

. He negotiated the sale of the company to

Procter & Gamble The Procter & Gamble Company (P&G) is an American multinational consumer goods corporation headquartered in Cincinnati, Ohio, founded in 1837 by William Procter and James Gamble. It specializes in a wide range of personal health/consumer hea ...

for US$57 billion. Press investigators estimate that he stood to gain more than $165 million personally in the purchase. Kilts is currently a partner at

Centerview Partners Centerview Partners is an American independent investment banking firm. Centerview operates primarily as an investment banking advisory firm. Centerview has 60 partners and 300 professionals with expertise across a wide range of industries, ge ...

, an investment banking and private equity firm based in New York City. In that role he was involved in the sale of

Big Heart Pet Brands Big Heart Pet Brands is an American company that manufacturers, distributes and markets branded pet food and other products for the U.S. retail market. Now a subsidiary of The J.M. Smucker Company, it is headquartered at the One Maritime Plaza i ...

, and is now looking to raise a

special-purpose acquisition company A special purpose acquisition company (SPAC; ), also known as a "blank check company", is a shell corporation listed on a stock exchange with the purpose of acquiring a private company, thus making it public without going through the traditional i ...

(SPAC) for a new acquisition. He was then elected to the Board of Directors at

The New York Times Company The New York Times Company is an American mass media company that publishes ''The New York Times''. Its headquarters are in Manhattan, New York City. History The company was founded by Henry Jarvis Raymond and George Jones in New York City. T ...

in 2005. He is a member of the

Cato Institute The Cato Institute is an American libertarian think tank headquartered in Washington, D.C. It was founded in 1977 by Ed Crane, Murray Rothbard, and Charles Koch, chairman of the board and chief executive officer of Koch Industries.Koch Indust ...

Board of Directors. Kilts is a 1970 graduate of Knox College in Galesburg, Illinois, and received his

Master of Business Administration A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounti ...

degree from the

University of Chicago Booth School of Business The University of Chicago Booth School of Business (Chicago Booth or Booth) is the graduate business school of the University of Chicago. Founded in 1898, Chicago Booth is the second-oldest business school in the U.S. and is associated with 10 N ...

. In addition, as an undergraduate student at Knox College, Kilts was also a member of the Delta chapter of

Tau Kappa Epsilon Tau Kappa Epsilon (), commonly known as or Teke, is a social college fraternity founded on January 10, 1899, at Illinois Wesleyan University. The organization has chapters throughout the United States and Canada, making the Fraternity an internat ...

fraternity.

References

External links

Where Gillette CEO went wrong
University of Chicago Booth School of Business alumni Knox College (Illinois) alumni Cato Institute people Living people Year of birth missing (living people) {{business-bio-stub